AssociatedPressUS job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump
U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June.
apnews.com
Bad report for sure. Still funny how presidents personally create or delete every job depending on which party is posting
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Trump spent months bragging about US ctizen employment, once it showed a 720 thousand drop over the past year, suddenly Trump had no comment. The numbers only count when they're flattering.
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Expect an ALL CAPS economic policy announcement from Trump by lunch which again has no impact.
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Women accounted for all the job losses in July. 32k gone in a month. Proof Trump is anti women
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Private payrolls still grew and the 50,000 job drop at public schools are probably a lib seasonal adjustment mess. Maybe wait for another month before declaring the whole economy dead?
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Blaming seasonal adjustments is convenient but restaurants and bars lost 26k jobs and retail lost 19k too. Missing the forecast by roughly 123k is a pretty bad report even if the sky isn't falling yet
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And the revisions wiping another 103,000 jobs from May and June, jesus. All Trump will talk about is the lower unemployment rate despite it actually being a bad thing.
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He can't ever do anything right
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